when japan industrialized they brought roughly 30 million people out of poverty. when china joined they brought about 300 million people out poverty. that's been a big story. chinese savings in the world financial market were a part what drove the most recent about new welt wealth in the world. as brilliant a man as allen green span was unable to grasp the reality of our historical moment. it was in part due to that failure that somatic errorrers were made that lead to the meltdown in-housing crisis. in inadequate response, policy to what was really a change in financial market due to growth elsewhere in the world. in the next twenty to thirty years, 3 billion people are joining the global economy. it's going to be a transformation ten times what we have seen which was ten times what happened in japan. now if 3 billion people are suddenly given cognitive freedom, suddenly not thinking just moment to moment, day-to-day, in a existence but are creators, are collaborators, are new contributors, human beings are not just consumers. they are producers. and that's what